Goldeye Reports on Final Drilling Results at Weebigee

Goldeye Explorations Limited (TSX VENTURE:GGY) is pleased to release the final
assay results from its winter 2014 drill program at Weebigee. Drill holes
BK14-13 and BK14-15 targeted the south extension of the Knoll Zone. The Knoll
Zone in both holes was affected by a strong fault, resulting in lost core. Holes
drilled below BK14-13 (BK14-16) and BK14-15 (BK14-14) were not affected by the
fault, indicating that the fault and Knoll Zone dip away from each other at
depth. 


New Results Table



----------------------------------------------------------------------------
                 From        To    Interval    Composite                    
Drill Hole   (metres)  (metres)    (metres) Assay g/t Au             Comment
----------------------------------------------------------------------------
BK14-13          9.00     11.40     2.40 CL    Lost Core               Knoll
----------------------------------------------------------------------------
                11.40     11.70     0.30 CL        0.188               Knoll
----------------------------------------------------------------------------
                11.70     12.00     0.30 CL        13.20               Knoll
----------------------------------------------------------------------------
                12.00     14.70     2.70 CL    Lost Core               Knoll
----------------------------------------------------------------------------
                                                                            
----------------------------------------------------------------------------
BK14-15         26.15     26.50     0.35 CL        0.766               Knoll
----------------------------------------------------------------------------
                26.50     27.00     0.50 CL        19.70               Knoll
----------------------------------------------------------------------------
                27.00     27.30     0.30 CL         5.56   65% core recovery
----------------------------------------------------------------------------
                27.30     27.60     0.30 CL        2.650   65% core recovery
----------------------------------------------------------------------------
                                                         Mafic Dyke 65% core
                27.60     28.40     0.80 CL        0.394            recovery
----------------------------------------------------------------------------
                                                         Fault Zone 65% core
                28.40     30.00     1.60 CL        0.109            recovery
----------------------------------------------------------------------------
                                                           Fault Zone 25-40%
                30.00     35.50     5.50 CL        0.060       core recovery
----------------------------------------------------------------------------
                35.50     36.00     0.50 CL        0.639   25% core recovery
----------------------------------------------------------------------------
                36.00     39.00     3.00 CL        0.105   50% core recovery
----------------------------------------------------------------------------
                39.00     42.00     3.00 CL        0.073   33% core recovery
----------------------------------------------------------------------------
                42.00     45.35     3.35 CL        0.756   75% core recovery
----------------------------------------------------------------------------
                                                                            
----------------------------------------------------------------------------
BK14-19                                              NSV    Fold Nose Target
----------------------------------------------------------------------------
                                                                            
CL = Core Length                                                            
TT = True Thickness                                                         
NSV = No Significant Values                                                 



Blaine Webster, President and CEO, states, "We have extended the Knoll Zone
another 30 metres southeast. We can now see the zone curves east, rather than
truncating against a fault controlled ultramafic/felsic contact. We are also
seeing the Knoll Zone at depth is dipping away from a major fault zone within
the ultramafic footwall. This will be a key area to test in the upcoming drill
program to extend the southern strike length and down dip dimension of the Knoll
Zone." 


Comprehensive information about the Weebigee project, including assays, plan
maps, drill sections and drill data has been posted on Goldeye's website at
www.goldeye.ca. Additional information will be posted to the website over the
coming weeks, as plans are finalized for the summer field work and diamond
drilling program.


Project Logistics and QA/QC

All analyses reported in this release are from assay certificates which passed
Activation Laboratories QA/QC procedures. All diamond drilling, logging and
sampling was supervised in the field by David R. Jamieson, P.Geo. Drill core was
logged at the Goldeye core facilities in Sandy Lake. Drill core was logged and
samples marked off by Goldeye geological staff. Marked samples were cut by a
diamond bladed core saw, with one half bagged in plastic for sampling and the
remaining half archived at the Sandy Lake core facility. Standard and blank
samples were included by Goldeye personnel in the sample stream at the core
facility at a rate of approximately every 20 samples. All assays reported in
this release have passed Goldeye's QA/QC program. Drill core in which visible
gold was noted by the geologist was cut under the geologists supervision to
facilitate equal representation of visible gold in both sampled and archived
drill core. Where visible gold was noted only in one half of the cut core, this
half was archived. Samples were placed in rice bags and shipped by Goldeye
personnel by winter road to Red Lake. The samples were picked up in Red Lake by
Activations personnel and delivered to Activation's Thunder Bay facility.
Samples were fire assayed for gold. Any analysis greater than 5000 ppb was
reassayed using a gravimetric finish. Activation Laboratories is a fully
accredited laboratory and conforms to the requirements of ISO/IEC 17025 (ISO
9001) and CAN-P-1579 by the Standards Council of Canada. Assays reported in ppb
were converted to g/t (grams gold per tonne of rock). Screen metallic assaying
was used where visible gold was observed in drill core.


The contents of this news release have been reviewed and approved by David
Jamieson, P.Geo., Technical Advisor for Goldeye, and Blaine Webster, President
and CEO of Goldeye, both of whom are qualified persons as defined in NI 43-101. 


On behalf of the Board of Directors,

Blaine Webster, P.Geo., President and CEO

About the Weebigee Project

Goldeye's 100% owned Weebigee Project is located 227 kilometres north of Red
Lake in Northwestern Ontario and is comprised of 363 claims totaling
approximately 6000 hectares. The NW Arm claim block covers approximately 20% of
the total project area and hosts the highest density of gold showings in the
Sandy Lake Greenstone Belt. 


The project is adjacent to Sandy Lake First Nation (population approx. 3000)
which has excellent infrastructure including an airport with daily direct
flights to Winnipeg, Red Lake and Sioux Lookout and winter road connection to
Red Lake. All weather access roads are located within one kilometre of the
Knoll, Bernadette, RvG4 and Wavano areas. Goldeye recently signed a
comprehensive Exploration Agreement with Sandy Lake First Nation and is pleased
to be working closely with the community.


About Goldeye

Goldeye is a Canadian gold-focused exploration company with properties in
mineral rich, politically secure jurisdictions having long traditions of mining.
Weebigee is Goldeye's flagship project in Canada. Goldeye also holds a 24.5%
interest in the Todd Property in British Columbia's Golden Triangle, a 100%
interest in the Gold Rock and West Shining Tree properties in Ontario, and
additional claims in Tyrrell Twp. In Chile, Goldeye owns 100% of the Sonia-Puma
property located 180 km north of Santiago. 


FORWARD LOOKING STATEMENTS

This news release contains forward-looking information which is not comprised of
historical facts. Forward-looking information involves risks, uncertainties and
other factors that could cause actual events, results, performance, prospects
and opportunities to differ materially from those expressed or implied by such
forward-looking information. Such statements include the following: "This will
be a key area to test in the upcoming drill program to extend the southern
strike length and down dip dimension of the Knoll Zone" and "additional
information will be posted to the website over the coming weeks, as plans are
finalized for the summer field work and diamond drilling program". Although the
Company believes that the assumptions and factors used in preparing the
forward-looking information in this news release are reasonable, undue reliance
should not be placed on such information, which only applies as of the date of
this news release, and no assurance can be given that such events will occur in
the disclosed time frames or at all. The Company disclaims any intention or
obligation to update or revise any forward-looking information, whether as a
result of new information, future events or otherwise, other than as required by
law.


Neither TSX Venture Exchange nor its Regulation Services Provider (as that term
is defined in the policies of the TSX Venture Exchange) accepts responsibility
for the adequacy or accuracy of this release.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Goldeye Explorations Limited
Blaine Webster, P. Geo.
President and CEO
416-315-9708
bwebster@goldeye.ca


Goldeye Explorations Limited
Robin Luke Webster
Manager, Corporate Affairs and Community Relations
416-877-6389
rwebster@goldeye.ca
www.goldeye.ca
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